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Portfolio (Quarterly) Guide ↗

Cullen/Frost Bankers, Inc.

· CIK 0000039263
13F Portfolio $8.8B AUM 1,393 positions Filed May 5, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 136 New 549 Added 439 Reduced 192 Exited
Page 18 of 22  ·  439 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
341 LULU LULULEMON ATHLETICA INC COM Consumer Cyclical 76.0 $12K -3.0 -3.8% $153.11 -27.0%
342 ENB ENBRIDGE INC COM Energy 210.0 $11K -216.0 -50.7% $54.24 +0.6%
343 ASX ASE TECHNOLOGY HLDG CO LTD SPONSORED ADS Technology 518.0 $11K -471.0 -47.6% $21.69 +87.0%
344 NCLH NORWEGIAN CRUISE LINE HLDGS SHS Consumer Cyclical 600.0 $11K -87.0 -12.7% $18.70 +9.3%
345 PCG PG&E CORP COM Utilities 634.0 $11K -735.0 -53.7% $17.57 -6.2%
346 PFG PRINCIPAL FINANCIAL GROUP IN COM Financial Services 118.0 $11K -203.0 -63.2% $90.11 +21.6%
347 LKQ LKQ CORP COM Consumer Cyclical 353.0 $10K -1K -74.1% $29.36 -12.1%
348 VEEV VEEVA SYS INC CL A COM Healthcare 52.0 $9K -229.0 -81.5% $175.65 -12.7%
349 ZBH ZIMMER BIOMET HOLDINGS INC COM Healthcare 100.0 $9K -994.0 -90.9% $90.42 -2.7%
350 HPE HEWLETT PACKARD ENTERPRISE C COM Technology 363.0 $9K -2K -83.4% $23.82 +99.0%
351 VMBS VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF 182.0 $9K -74.0 -28.9% $46.94 -0.4%
352 LPLA LPL FINL HLDGS INC COM Financial Services 28.0 $8K -120.0 -81.1% $301.79 -2.6%
353 POOL POOL CORP COM Industrials 41.0 $8K -11.0 -21.1% $202.34 -1.7%
354 PVH PVH CORPORATION COM Consumer Cyclical 112.0 $8K -1.0 -0.9% $69.76 +10.5%
355 RVTY REVVITY INC COM Healthcare 89.0 $8K -215.0 -70.7% $87.61 +14.1%
356 KOF COCA-COLA FEMSA SAB DE CV SPONS ADS REP Consumer Defensive 75.0 $7K -7.0 -8.5% $97.80 +12.0%
357 CCEP COCA-COLA EUROPACIFIC PARTNE SHS Consumer Defensive 76.0 $7K -53.0 -41.1% $90.18 +7.5%
358 AGNC AGNC INVT CORP COM Real Estate 660.0 $7K -140.0 -17.5% $10.04 +3.4%
359 WEN WENDYS CO COM Consumer Cyclical 858.0 $6K -536.0 -38.5% $6.95 -2.2%
360 RKLB ROCKET LAB CORP COM Industrials 92.0 $6K -158.0 -63.2% $64.22 +67.0%
Page 18 of 22  ·  439 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 31.6%
Financial Services 14.8%
Healthcare 10.5%
Communication Services 10.5%
Consumer Cyclical 9.9%
Industrials 6.8%
Consumer Defensive 6.2%
Energy 4.9%
Utilities 1.9%
Basic Materials 1.6%